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HuaweiThe chairman of Al Habtoor Group, or AHG, Khalaf Al Habtoor, announced on Wednesday key changes to his senior management team as part of ongoing improvements ahead of the group’s proposed Initial Public Offering (IPO).
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LONDON - Copper rose on Thursday on prospects that demand from top copper consumer China could recover by year-end, though an upcoming holiday in China and persistent concerns about Europe’s debt crisis kept gains in check.
LONDON - ICE sugar futures dipped and coffee inched up on Thursday, underpinned by a weaker dollar, with many Brazilian arabica producers sidelined waiting for prices to rise further.
PARIS — Carmakers prepared for a future of lower sales in Europe, labour strife and uncertainty as they set out the latest models at the Paris Auto Show on Thursday.
BRUSSELS - EU telecoms regulators spelled out on Thursday how they want to accelerate the use of “cloud” computing by public bodies and companies, in the hope of boosting the bloc’s GDP by nearly 1 trillion euros through the next eight years.
GENEVA — The European Union is seeking $12 billion per year in sanctions from the United States as part of a long-running dispute involving subsidies to plane makers Airbus and Boeing, the World Trade Organization said on Thursday.
ATHENS, Greece — After weeks of fruitless efforts, the heads of the three parties in Greece’s governing coalition have struck a basic deal on a new round of harsh austerity measures required for the country to continue getting vital rescue loans, officials said Thursday.
LONDON - Gold prices edged higher on Thursday, recovering from the previous day’s two-week low in line with stock markets and other commodities, but uncertainty over when Spain would request a rescue programme limited investors’ confidence.
LONDON — Financial markets recovered their poise Thursday, a day after investors were spooked by rising levels of discontent in Greece and Spain over upcoming austerity packages.
DUBAI - Leeds United Football Club could become the next European soccer club to enjoy the backing of Middle East finance after a Bahrain-based investment firm confirmed it signed an exclusive deal to lead a takeover of the British club.